Israel: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Israel

After two years of growth, the Israeli goat hides and skins market decreased by -0.7% to $X in 2021. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2020, and then fell modestly in the following year.

Production of Goat Or Kid Hides And Skins in Israel

In value terms, goat hides and skins production shrank to $X in 2021 estimated in export price. In general, production saw moderate growth. The pace of growth was the most pronounced in 2017 with an increase of 80%. Over the period under review, production hit record highs at $X in 2020, and then fell slightly in the following year.

In 2021, the average yield of goat or kid hides and skins in Israel stood at X kg per head, remaining relatively unchanged against 2020 figures. Overall, the yield continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2017 when the yield increased by 43% against the previous year. As a result, the yield attained the peak level of X kg per head. From 2018 to 2021, the growth of the average goat hides and skins yield failed to regain momentum.

In 2021, the number of animals slaughtered for goat hides and skins production in Israel amounted to X heads, therefore, remained relatively stable against 2020 figures. This number increased at an average annual rate of +2.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 with an increase of 56% against the previous year. As a result, the amount of animals produced attained the peak level of X heads. From 2015 to 2021, the growth of this number remained at a lower figure.

Exports of Goat Or Kid Hides And Skins

Exports from Israel

For the sixth consecutive year, Israel recorded decline in overseas shipments of goat or kid hides and skins, which decreased by -19.9% to X kg in 2021. Overall, exports showed a precipitous slump. The pace of growth was the most pronounced in 2015 with an increase of 367%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, goat hides and skins exports fell significantly to $X in 2021. Over the period under review, exports showed a sharp slump. The pace of growth appeared the most rapid in 2015 when exports increased by 134%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

South Korea (X kg) was the main destination for goat hides and skins exports from Israel, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to South Korea stood at -38.6%.

In value terms, South Korea ($X) also remains the key foreign market for goat or kid hides and skins exports from Israel.

From 2012 to 2021, the average annual rate of growth in terms of value to South Korea totaled -35.8%.

Export Prices by Country

In 2021, the average goat hides and skins export price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the export price, however, showed a measured increase. The most prominent rate of growth was recorded in 2016 an increase of 222%. Over the period under review, the average export prices attained the maximum at $X per ton in 2019; afterwards, it flattened through to 2021.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2012 to 2021, the rate of growth in terms of prices for South Korea amounted to +4.5% per year.

Imports of Goat Or Kid Hides And Skins

Imports into Israel

For the fifth year in a row, Israel recorded decline in purchases abroad of goat or kid hides and skins, which decreased by -27.5% to X tons in 2021. Over the period under review, imports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2013 with an increase of 1,688% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, goat hides and skins imports declined rapidly to $X in 2021. In general, imports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2013 with an increase of 1,263%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Italy (X tons), Ukraine (X kg) and Brazil (X kg) were the main suppliers of goat hides and skins imports to Israel, together accounting for 95% of total imports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +57.4%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X) constituted the largest supplier of goat or kid hides and skins to Israel, comprising 67% of total imports. The second position in the ranking was held by Brazil ($X), with an 18% share of total imports. It was followed by Ukraine, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from Italy totaled +45.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+5.8% per year) and Ukraine (+42.8% per year).

Import Prices by Country

In 2021, the average goat hides and skins import price amounted to $X per ton, surging by 13% against the previous year. Overall, the import price recorded a strong expansion. The pace of growth appeared the most rapid in 2014 an increase of 51% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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